State the minimum length of time that a meeting is to be held after the financial statements have been dispatched

Question

Social Studies

Dakota Skinner

3 December, 09:10

State the minimum length of time that a meeting is to be held after the financial statements have been dispatched

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Tess · Answer 1

The minimum period of time that a meeting must be held after sending the financial statements will depend on the need to discuss these statements, however, a period of approximately 1 hour may be adequate.

Explanation:

Financial statements are made up of reports that have the ability to influence a company's decisions regarding spending, payments and production over a given period of time. These demonstrations are very important for new business strategies to be established, either to maintain the company's success, or to improve some factor. Because of this importance, it is necessary that the meetings used to discuss these demonstrations have an adequate period of time, allowing a full reasoning of all involved. These meetings can last a minimum of 1 hour, but this can vary according to the need.